Commonwealth Equity Services LLC Sells 614 Shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX)

Commonwealth Equity Services LLC decreased its position in shares of Adams Diversified Equity Fund, Inc. (NYSE:ADX) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 77,643 shares of the closed-end fund’s stock after selling 614 shares during the quarter. Commonwealth Equity Services LLC owned 0.06% of Adams Diversified Equity Fund worth $1,568,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. LRI Investments LLC acquired a new stake in shares of Adams Diversified Equity Fund during the 3rd quarter worth approximately $62,000. Geneos Wealth Management Inc. lifted its stake in Adams Diversified Equity Fund by 45.4% during the fourth quarter. Geneos Wealth Management Inc. now owns 3,298 shares of the closed-end fund’s stock worth $67,000 after purchasing an additional 1,029 shares during the last quarter. First Command Advisory Services Inc. acquired a new stake in shares of Adams Diversified Equity Fund in the 4th quarter valued at $89,000. Steward Partners Investment Advisory LLC increased its stake in shares of Adams Diversified Equity Fund by 9.4% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 6,687 shares of the closed-end fund’s stock valued at $135,000 after purchasing an additional 576 shares during the last quarter. Finally, Allworth Financial LP acquired a new position in shares of Adams Diversified Equity Fund during the 4th quarter worth $202,000. 28.41% of the stock is currently owned by institutional investors and hedge funds.

Adams Diversified Equity Fund Stock Performance

Shares of ADX stock opened at $18.96 on Friday. The business has a fifty day simple moving average of $20.06 and a 200 day simple moving average of $20.79. Adams Diversified Equity Fund, Inc. has a twelve month low of $18.36 and a twelve month high of $22.63.

Adams Diversified Equity Fund Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, January 27th were issued a $0.47 dividend. The ex-dividend date of this dividend was Monday, January 27th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 9.92%.

About Adams Diversified Equity Fund

Adams Diversified Equity Fund, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm The firm is actively engaged in businesses, including commodity pool operator or commodity trading advisor. The firm launches equity.